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10 result(s) for “Exporters”

Business News · Oct 29, 2026

Bank of Canada raises policy rate to 2.5 percent, signalling tighter costs for businesses and households

The Bank of Canada increased its overnight policy rate by 25 basis points to 2.5 percent on October 28, 2026, its first hike since 2023. The central bank cited stronger inflationary pressures driven by higher energy prices and warned further increases could be necessary, a move that will raise borrowing costs for Canadian firms and households and reshape investment and mortgage decisions ahead.

Companies & Industry · Oct 21, 2026

Ottawa issues new Cabinet directive to cut regulatory red tape, presses departments to deliver net burden reductions

The federal government on October 21 issued a new Cabinet Directive that forces regulators to offset regulatory cost increases with larger cuts, seeks faster repeal of outdated rules and aims to make Canada more attractive for investment and exports. Businesses and advocacy groups welcomed the move, but analysts warn implementation and legal limits will determine the impact.